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Executives put the spotlight on AI's reliability issue
Only 35% of leaders say AI consistently delivers business outcomes, earns regulator confidence and allows control, according to a report from HFS Research and TCS. Dive Brief: As enterprises move beyond simply deploying AI, executives struggle to prove th
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Cognizant trims 2026 growth estimate on cautious client spending
Cognizant Technology Solutions on Wednesday trimmed its full-year growth guidance for 2026 citing decline in discretionary spend and macro challenges. This was despite the IT major posting a constant currency (CC) growth of 4.1 per cent, well above its ti
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AI grows, but IT top line still lags
Domestic IT firms are beginning to report meaningful revenue from artificial intelligence, but the gains are yet to translate into stronger overall growth. This is because AI-led work is increasingly replacing traditional outsourcing rather than adding to
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Infosys picks 31-year veteran Ashiss Dash as next CEO
Bengaluru: Staying true to Infosys' long-standing tradition of having one of its founders announce CEO successions, chairman Nandan Nilekani used a brief two-minute keynote at the company's press conference in Bengaluru on Thursday to unveil the next chie
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AI meter is running, India's IT clients are rethinking their models
SUMMARY: As enterprise AI consumption soars, clients are shifting routine work to smaller models and reserving larger ones for complex tasks. New Delhi: As companies scale artificial intelligence (AI) adoption, rising token consumption is pushing clients
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It's no country for freshers as IT firms revisit campus hiring playbook
Bengaluru: It's no country for freshers. Campus offers are being delayed, onboarding schedules are being pushed back, and in some cases, roles are quietly withdrawn. Joining dates are increasingly tied to shifting business demand, leaving thousands of eng
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Debt's the way for Indian IT acquisition funding
BENGALURU: Persistent Systems' $1.5-billion bridge financing from Barclays for its proposed acquisition of German IT firm Nagarro is the latest sign that
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MongoDB embeds reranking into Atlas as enterprises look to simplify AI stacks for scale
Bringing reranking into the database could reduce developer overhead, simplify AI operations, and lower inference costs, though CIOs should weigh those benefits against integration trade-offs, analysts say. MongoDB has introduced a native reranking capabi
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AI drives IT contract renegotiations within 24 months as pricing models shift
This shift is driven by significant productivity boosts from AI, forcing a re-evaluation of traditional pricing. Corporates are increasingly renegotiating IT services contracts within 24 months of signing them, rather than wait for renewals, as AI-driven
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Mergers and acquisitions to be IT's next growth play
As AI transforms enterprise technology spending, global and Indian IT services firms are accelerating acquisitions to build cybersecurity, industrial AI
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